London Stock Exchange ETF segment · ETF
Invest in PCRD ETF from India
Indian and foreign residents can buy WisdomTree WTI Crude Oil - Daily (PCRD) units directly through Paasa.
By Paasa · Updated
PCRD at a glance
- Price
- £5.18-£0.11 (2.03%)
- Expense ratio
- 0.49%
- Day range
- £5.15 – £5.23
- Assets
- £2.0M
- Domicile
- Jersey
- Holdings
- —
- Launched
- 2012
- Dividends
- —
- 1 month
- +13.00%
- 6 months
- +15.79%
- YTD
- +89.58%
- 1 year
- +76.95%
- 5 years
- +136.09%
Price change, excluding dividends.
Top holding
- 1WTI Crude Oil100.0%
These 1 are 100.0% of the fund.
How to invest in PCRD from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to GBP when you buy.
Step 3
Search PCRD and buy
Find the fund by its ticker, PCRD, on the London Stock Exchange ETF segment, and place your order.
Why invest in PCRD from India
What PCRD holds
WisdomTree WTI Crude Oil is designed to enable investors to gain an exposure to a total return investment in crude oil by tracking the Bloomberg Crude Oil Subindex (the Index) and providing a collateral yield.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy PCRD from India?
Yes. Indian residents can buy WisdomTree WTI Crude Oil - Daily (PCRD) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does PCRD invest in?
Its largest holding is WTI Crude Oil (100.0%). The fund is domiciled in Jersey.
What is the expense ratio of PCRD?
WisdomTree WTI Crude Oil - Daily has an expense ratio of 0.49% a year, taken from the fund's assets rather than billed to you. The fund manages about £2.0M.
What tax do I pay in India when I sell PCRD?
In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the GBP/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.